24 January 2022
On 24 January 2022, the National Development and Reform Commission and the Ministry of Commerce issued the “Opinions of the National Development and Reform Commission and the Ministry of Commerce on Various Special Measures to Relax Market Access in Developing Shenzhen into a Pilot Demonstration Zone of Socialism with Chinese Characteristics”. The opinions included 6 chapters and 24 articles, covering relaxing and optimizing market access in the fields of advanced technology application and industrial development, improving access methods in the field of financial investment, and innovating market access mechanisms in the field of medicine and health. Specific policies include relaxing market access in related fields such as data element transactions and cross-border data business, promoting the interconnection of insurance markets in Shenzhen, Hong Kong and Macao, and improving the convenience of cross-border trade settlement.